Business
October 26, 2022
Svenska Spel Revenue Decreases in Q3 by 1% to $178.7M
The state-owned company that operates in the Swedish regulated gambling market, Svenska Spel, released its latest interim report outlining the financial performance for the third quarter of this year. Svenska Spel Revenue Dips by 1% In Third Quarter On Wednesday, the company revealed that its net gaming revenue for Q3 this year halted at SEK […]
Industry
October 25, 2022
BOS Welcomes New Gaming Policy Minister
Last month, the Swedish Trade Association for Online Gambling, Branschföreningen för Onlinespel (BOS) expressed hope that the newly elected government would show more interest in commercial companies and eradicate certain gambling restrictions. Now, the industry’s trade body has given a warm welcome to Nyklas Wykman, the country’s newly elected minister in charge of gaming policy. […]
Industry
October 19, 2022
LeoVegas, Karolinska Institutet to Research Harm
Premier GameTech company LeoVegas Group has entered a four-year partnership with the Karolinska Institutet’s Department of Clinical Neuroscience in Stockholm. The collaboration is aimed at gaining a deeper understanding of the problem gambling phenomenon, with an emphasis on achieving higher problem gambling prevention rates. As part of the agreement, LeoVegas will provide researchers at the […]
Business
October 14, 2022
Acroud AB Acquired 60% of Affiliation and Media Company
Acroud AB, a global provider of Software as a Service (SaaS) solutions to the affiliation industry, announced the acquisition of a 60% share in an Affiliation and Media Company for a total consideration of £5.1 million ($5.8 million). Expanding into Sports Betting The acquisition comprises affiliation assets and online gaming technology and is expected to […]
Casino
October 7, 2022
ATG Opposing Bonuses, CEO Says They Drive Gambling Addiction
Sweden has been trying to reform its gambling scene and growing it while also making it more secure for players seems to be a polarizing hurdle that’s stalling the process. Those leaning more towards the business side of the problem suggest easing regulation to allow the market more space to grow. However, there are also […]
Sports
October 5, 2022
Svenska Spel to Support Aspiring Athletes with Scholarships
Sweden’s former gambling monopoly, Svenska Spel, has launched a new initiative to support aspiring pro athletes. The Elite Sports Scholarship program will see the operator pay scholarships to 50 young players. Svenska Spel Will Pay Scholarships to 50 Athletes As announced by Svenska Spel, the state-owned company will fund a total of 50 scholarships throughout […]
Industry
October 5, 2022
LeoVegas Group Hires New Sports Strategy Lead
Per Carlander is the new director of sports strategy at LeoVegas Group. The operator recently experienced several notable management-level shifts after its acquisition by MGM Resorts International and had to appoint a new board of directors. Carlander’s appointment likely signifies a further shift towards MGM’s vision for the company. LeoVegas Gains a Reliable and Experienced […]
Casino
October 5, 2022
Spelinspektionen: Only 8% Pick Unlicensed Gambling Operators
The Swedish Gaming Authority, Spelinspektionen, released the results of a new survey that probed into the habits of gamblers in the country. Spelinspektionen Unveils Details from a New Study The results of the new study labeled “Do we choose gambling sites with or without a Swedish license?” were released Tuesday. The new white paper collected the […]
Industry
October 5, 2022
Licensed Swedish Gambling Operators Generate $625M in GGR in Q22022
Spelinspektionen, the Swedish Gambling Authority, has announced the financial results for the regulated gambling market for the second quarter of 2022. Swedish Licensed Gambling Operators’ GGR 4% Higher Year-On-Year The Swedish Gambling Authority reported that the total GGR for all licensed gambling operators in Sweden for the second quarter of 2022 totaled SEK 6.8 billion […]
Industry
October 3, 2022
NeoGames’ Pariplay Expands Swedish Market Reach via ATG Deal
Provider of digital lottery and gaming solutions NeoGames announced that its subsidiary Pariplay has moved to significantly expand its reach in Sweden via a distribution agreement with ATG. Delivering on Promises The major distribution deal between Pariplay and ATG will see the Swedish sports betting and horse racing operator gain access via Pariplay’s Fusion aggregation […]
